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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated net income $ 34,587 $ 1,858
Adjustments to reconcile consolidated net income to net cash provided by (used in) operating activities:    
Allocations of net income to limited partnership units and founding/working partner units 18,437 5,163
Fixed asset depreciation and intangible asset amortization 24,092 25,537
Employee loan amortization 16,213 18,545
Stock-based compensation 41,979 14,069
Sublease provision adjustment 4,244  
Losses on equity investments 3,060 3,441
Deferred tax expense (benefit) 2,259 (3,521)
Recognition of deferred revenue (1,105) (2,466)
Other 1,678 834
(Increase) decrease in operating assets:    
Cash segregated under regulatory requirements (1,212) (347)
Securities borrowed   (32,926)
Securities owned (1,495) 922
Receivables from broker, dealers, clearing organizations, customers and related broker-dealers (364,560) (183,265)
Accrued commissions receivable, net (45,888) (36,890)
Receivables from related parties (2,449) 1,619
Loans, forgivable loans and other receivables from employees and partners (40,817) (20,066)
Other assets 1,053 3,816
Increase (decrease) in operating liabilities:    
Securities sold, not yet purchased   (11)
Payables to broker-dealers, clearing organizations, customers and related broker-dealers 345,929 202,766
Accrued compensation (18,494) 44,526
Deferred revenue   914
Accounts payable, accrued and other liabilities (19,067) (19,342)
Payables to related parties (2,576) (56,066)
Net cash used in operating activities (4,132) (30,890)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of fixed assets (15,127) (19,610)
Purchases of marketable securities   (3,002)
Capitalization of software development costs (6,937) (8,344)
Capitalization of trademarks, patent defense and registration costs (468) (440)
Investment in unconsolidated entities (884) (862)
Net cash used in investing activities (23,416) (32,258)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Collateralized borrowings, net (2,768) (2,914)
Long-term borrowings   (150,000)
Issuance of convertible notes   150,000
Repurchase of Class A common stock (126) (17,371)
Proceeds from offering of Class A common stock, net 13,590 17,792
Redemption of limited partnership interests (468) (28,901)
Proceeds from exercise of stock options 8,195  
Tax impact on exercise/delivery of equity awards 2,760  
Cancellation of restricted stock units in satisfaction of withholding tax requirements (1,362) (1,725)
Earnings distributions to limited partnership interests in BGC Holdings (43,283) (8,122)
Dividends to stockholders (34,136) (16,625)
Net cash used in financing activities (57,598) (57,866)
Effect of exchange rate changes on cash 7,281 (6,877)
Net decrease in cash and cash equivalents (77,865) (127,891)
Cash and cash equivalents at beginning of period 364,104 469,301
Cash and cash equivalents at end of period 286,239 341,410
Supplemental cash information:    
Cash paid during the period for taxes 16,694 16,144
Cash paid during the period for interest 10,794 5,172
Supplemental non-cash information:    
Conversion of Class B common stock into Class A common stock   6
Issuance of Class A common stock upon exchange of Cantor units 8,407  
Issuance of Class B common stock upon exchange of Cantor units $ 8,407